Table of Contents
Why do successful traders teach?
The ones that do actually trade and ARE profitable (have been all their lives) typically do these course or mentor people because they want to be relevant into their old age. As you get older, people start to pay less attention to you. This is why alot of these old finance guys teach.
Why do traders make YouTube videos?
This Whole Revenue (Ads + Sponsorship + memberships + commission) can act as capital of the YouTuber for stock market right. So he gets a source of capital for investing in stock market, this is one of the reason why traders make videos on YouTube. This can also be a reason along with earning more revenue.
How do you build a trading psychology?
How to Improve Your Trading Psychology
- Get Yourself in the Right Mindset. Before you even start your trading day, simply remind yourself that markets are never constant.
- Have a Great Knowledge Base.
- Remind yourself that you are Trading in Real Money.
- Observe the Habits of Successful Traders.
- Practice!
How do you evolve as a trader?
Most traders go through an evolution where they start out looking for the “Holy-Grail” by trying every trading system, indicator, and EA out there, and then they either give up or begin to simplify their trading.
Do professional traders feel pressure to make money?
Professional traders feel no ‘need’ or ‘pressure’ to make money in the markets Above and beyond everything else discussed here, not becoming emotional as you trade the markets is the most important factor that allows pro traders to make money.
Do you ‘have to’ make money from your trading?
If you feel like you ‘have to’ make money from your trading in order to be happy or have a fruitful life, you are probably relying on it too much. Most people who excel at trading don’t feel like all their ‘eggs’ are in the trading basket, and they won’t be homeless if they don’t make money in the markets.
Why do professional traders over-trade?
This of course causes them to do stupid things like over-commit themselves to a position or over-trade. Professional traders understand that they never know ‘for sure’ what a market is going to do; therefore they don’t become mentally or emotionally attached to any particular directional bias.